US crypto rules in focus as goldman sachs CEO David Solomon presses for clear market framework

Speaking at a high-profile policy event, David Solomon argued that the future of digital assets in the United States depends on a clear, durable framework for goldman sachs and the wider market.

David Solomon presses for rules-based US crypto framework

Addressing the World Liberty Forum in Mar-a-Lago on Wednesday, Goldman Sachs CEO David Solomon urged US policymakers to codify how cryptocurrency markets will operate over the long term. In an interview with CNBC, he stressed that Congress must adopt a strategic approach as it crafts new digital asset laws.

“As an American, I think it is very important that as we put legislation in place, we get it right for the long term,” Solomon said. Moreover, he argued that sustainable market growth requires a foundation of predictable and transparent rules rather than ad hoc oversight.

“I believe that to operate markets safely and soundly, we need to have a rules-based system,” he added. However, Solomon emphasized that the US banking system is unique and must continue to operate alongside emerging technologies such as crypto, instead of being displaced by them.

Solomon rejects the idea of a crypto regulatory vacuum

Solomon firmly rejected the notion that digital assets can flourish in what he called a “regulatory vacuum.” He argued that market participants who expect to operate without meaningful supervision misunderstand how US financial markets have historically developed.

“If there are people who think we are going to operate in this environment without rules, they are probably wrong, and they should move to El Salvador,” Solomon remarked. His comment underscored a belief that structure, enforcement and oversight are non-negotiable for healthy capital markets.

At the same time, the CEO made clear that Goldman is deeply engaged with digital asset innovation. Moreover, he described himself as “super-interested in” crypto-related business opportunities, particularly where they intersect with existing market infrastructure.

Goldman explores digitization and tokenization while keeping exposure measured

Solomon noted that the firm is active in areas such as digitization and tokenization, which are increasingly central to how securities and other financial instruments are issued and traded. “We obviously are doing a bunch of things around digitization and tokenization,” he said. “We touch all that stuff.”

However, he also cautioned that digital assets remain a relatively small component of Goldman Sachs‘ overall business. That said, the bank’s activity signals that major incumbents are preparing for broader adoption of blockchain-based financial products once regulatory clarity improves.

Seen in this context, the goldman sachs leadership stance highlights a dual strategy: support innovation while insisting that lawmakers finalize a predictable framework for crypto market regulation in the United States.

CLARITY Act debate heats up in Washington

Solomon’s comments arrived as debate intensified in Washington over the long-anticipated crypto market structure bill, commonly known as the CLARITY Act. Policymakers are weighing how to define the responsibilities of regulators and market participants in a fast-moving sector.

Earlier in the day, Senator Bernie Moreno signaled that he still has “some concerns” about the draft bill. Nevertheless, he expressed optimism that Congress could pass the legislation “hopefully by April,” which would open the door for the President to sign it into law soon after.

Moreover, Moreno downplayed worries that procedural delays might doom the measure if Democrats were to regain control of Congress in November’s midterm elections. He pointed to intra-party confidence among Republicans regarding their prospects in both chambers.

Political outlook and timeline for the crypto market structure bill

With some Republicans privately acknowledging the risk of losing at least the House, Moreno projected public confidence. “The House isn’t going to go Democrat, and neither is the Senate,” he predicted, framing current negotiations as part of a broader strategy to lock in a long-term framework.

His assessment suggests that supporters of the crypto market structure bill see a viable legislative path in the coming weeks. However, unresolved policy disputes, particularly around the treatment of stablecoins and the division of oversight between banking and securities regulators, remain potential obstacles.

Still, the broader tone from leading lawmakers points to growing recognition that the United States must provide more certainty for institutions, investors and technology companies. Moreover, aligning regulatory expectations could help reduce jurisdictional overlap between agencies.

Brad Garlinghouse sees strong odds of April breakthrough

Ripple CEO Brad Garlinghouse added to the sense of momentum on Tuesday. He suggested that once remaining disagreements over stablecoin rewards between the traditional banking sector and crypto firms are resolved, the CLARITY Act could move rapidly toward passage.

While acknowledging that the bill is not perfect, Garlinghouse stressed that few major legislative packages ever are. However, he argued that waiting for a flawless compromise would only prolong uncertainty in a market that is already global and highly competitive.

He went further, estimating there is an 80% chance the market structure bill will be signed into law by the end of April. These brad garlinghouse remarks align with Solomon’s call for a well-defined rules-based system, even if industry leaders may differ on specific provisions.

In summary, Solomon’s push for codified rules, combined with growing optimism in Washington around the CLARITY Act, signals that US digital asset policy may be nearing a turning point. If lawmakers can reconcile remaining disputes, markets could soon gain the regulatory clarity that large institutions and crypto-native firms have been seeking.